Latest Freight train Stories
By Nick Carey ELWOOD, Illinois (Reuters) - The thousands of truck trailers filled with consumer goods like television sets and textiles that await distribution on a huge lot outside this Chicago suburb have one thing in common. "Everything here is from Asia," said John Clement, senior manager at Logistics Park Chicago, an international hub operated by No. 2 U.S. railroad Burlington Northern Santa Fe Corp. LPC is a hive of activity. Trucks arrive at the gate night and day, and crane...
By K.T. Arasu CHICAGO (Reuters) - Bales of hay for Japanese beef cattle,soy for tofu aficionados in Taiwan and dolls for American kidsare crossing the oceans in a fast-growing wave of containertrade between the United States and Asia. Fueling the boom is China, with its seemingly endlesssupply of shoes, furniture and toys to U.S. companies likeWal-Mart Stores Inc. , the world's largest retailer. "Containerized exports from China to the U.S. West Coastwill increase 50 percent over the next...
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